In addition to the four basic dimensions of Porter's 'diamond' model of the determinants of national advantage, ________ may also contribute to the success or failure of firms.

Question

Quizplus · Accepted Answer

While all of the options listed may play a role in the success or failure of firms, government policy is specifically mentioned as a determinant in addition to Porter's four basic dimensions in the question prompt. Government policies can have a significant impact on the business environment and can either enhance or hinder the competitiveness of firms within a country. Therefore, C is the best choice.

In Addition to the Four Basic Dimensions of Porter's 'Diamond